Consumer Debt and Bankruptcies in Ontario by City

What does insolvency look like in your neighbourhood? How many people file bankruptcy? How much debt do they have? Select a city to see data about insolvencies by region in Ontario.

Our interactive regional infographic shows how much consumer debt causes bankruptcy and how many personal bankruptcies were filed in 2019 by major Ontario city or region.

Consumer debt excludes mortgage debt. This is debt used primarily to consume goods & services rather than build wealth. It includes credit card debt, personal loans, tax debt, student debt, utilities & accounts in arrears and non-mortgage secured debt. Much of this debt is high-interest loans from financing companies and payday loans.

More information can be found in our annual Joe Debtor study.

Select your city

Ontario

44,852

Consumer Insolvency Filings

$58,923

Average Consumer Debt

183%

Debt-to-Income

67%

Consumer Proposals

Key Terms

Consumer Insolvency Filings: The number of people who filed personal bankruptcy or a consumer proposal in 2019.

Average Consumer Debt: Average personal loans, credit cards, tax debt, student loans, payday loans, other unsecured debt and non-mortgage secured debt.

Debt-to-income: Average consumer debt as a percentage of annual after-tax income

Ontario